Ancora Advisors LLC Bets Big on Welltower Inc.

Ancora Advisors LLC invested $1.59 million in Welltower Inc., buying 7,005 shares of its stock, according to a recent 13F filing with the Securities and Exchange Commission.

This is not an isolated investment; other hedge funds have also increased their stakes in Welltower over the past quarter.

Dimensional Fund Advisors LP lifted its holdings by 0.7% during the first quarter, while Easterly Investment Partners LLC boosted its stake by 184.9%. SG Americas Securities LLC and Swiss National Bank also increased their positions, with the latter boosting its holdings by 9.9% in the first quarter.

Welltower's stock price has been rising, reaching a 52-week high of $255.20, and the company recently declared a quarterly dividend of $0.85 per share, a positive change from its previous quarterly dividend of $0.74.